XML 37 R15.htm IDEA: XBRL DOCUMENT
v3.20.4

Restructuring and Reorganization Charges | 12 Months Ended
--- | ---
Dec. 31, 2020
Restructuring And Related Activities [Abstract] |
Restructuring and Reorganization Charges |
8. | Restructuring and Reorganization Charges
Restructuring and reorganization charges are expenses that generally result from cost reduction initiatives and/or significant changes to our business, to include such things as involuntary employee terminations, changes in management structure or skillset, divestitures of businesses, facility consolidations and abandonments, impairment of acquired intangible assets, and fundamental reorganizations impacting operational focus and direction. The following are the key restructuring and reorganizational activities we incurred over the last three years that have impacted our results from operations: During 2020 we implemented the following restructuring activities:
| • | We reduced our workforce by approximately 80 employees, primarily in North America, as a result of organizational changes and efficiencies. As a result, we incurred restructuring charges related to involuntary terminations of $4.2 million
During 2019 we implemented the following restructuring activities:
| • | We reduced our workforce by approximately 70 employees, primarily in North America, as a result of organizational changes and efficiencies. As a result, we incurred restructuring charges related to involuntary terminations of $2.5 million.
During 2018 we implemented the following restructuring activities:
| • | We reduced our workforce by approximately 170 employees as a result of organizational changes made to pursue global opportunities and efficiencies. As a result, we incurred restructuring charges related to involuntary terminations of $6.2 million.
| • | We closed one of our print facilities. As a result, we incurred restructuring charges related to involuntary terminations and impairment of assets of $2.7 million.
| • | We reversed a liability related to a previous disposition of a business resulting in a reduction in restructuring charges of $2.3 million.
The activities discussed above resulted in total charges for 2020, 2019, and 2018 of $5.3 million, $4.8 million, and $8.7 million, respectively, which have been reflected as a separate line item in our Income Statements. The activity in the business restructuring and reorganization reserves during 2020, 2019, and 2018 is as follows (in thousands):
|  |  |  |  |  |  |  |  |  | Disposition of |  |  |  |  |  |  |  |  |
|  | Termination |  |  | Facilities |  |  | Business |  |  |  |  |  |  |  |  |
|  | Benefits |  |  | Abandonment |  |  | Operations |  |  | Other |  |  | Total |
January 1, 2018, balance |  | $ | 1,116 |  |  | $ | 3,032 |  |  | $ | — |  |  | $ | — |  |  | $ | 4,148 |
Charged to expense during period |  |  | 6,555 |  |  |  | 1,981 |  |  |  | (2,330 | ) |  |  | 2,455 |  |  |  | 8,661 |
Cash payments |  |  | (6,744 | ) |  |  | (2,625 | ) |  | — |  |  | — |  |  |  | (9,369 | )
Adjustment for asset impairment |  | — |  |  | — |  |  | — |  |  |  | (1,851 | ) |  |  | (1,851 | )
Other |  |  | 475 |  |  |  | 546 |  |  |  | 2,330 |  |  |  | (604 | ) |  |  | 2,747 |
December 31, 2018, balance |  |  | 1,402 |  |  |  | 2,934 |  |  |  | — |  |  |  | — |  |  |  | 4,336 |
Charged to expense during period |  |  | 2,499 |  |  | — |  |  | — |  |  |  | 2,335 |  |  |  | 4,834 |
Cash payments |  |  | (3,551 | ) |  | — |  |  | — |  |  |  | (1,987 | ) |  |  | (5,538 | )
Adjustment for asset impairment |  | — |  |  | — |  |  | — |  |  |  | (438 | ) |  |  | (438 | )
Adjustment for adoption of ASC 842 (1) |  | — |  |  |  | (2,934 | ) |  | — |  |  | — |  |  |  | (2,934 | )
Other |  |  | 472 |  |  | — |  |  | — |  |  |  | 90 |  |  |  | 562 |
December 31, 2019, balance |  |  | 822 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 822 |
Charged to expense during period |  |  | 4,152 |  |  | — |  |  | — |  |  |  | 1,176 |  |  |  | 5,328 |
Cash payments |  |  | (4,042 | ) |  | — |  |  | — |  |  |  | (504 | ) |  |  | (4,546 | )
Adjustment for asset impairment |  |  | — |  |  | — |  |  | — |  |  |  | (672 | ) |  |  | (672 | )
Other |  |  | 1 |  |  | — |  |  | — |  |  |  | — |  |  |  | 1 |
December 31, 2020, balance |  | $ | 933 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 933 |
| (1) | With the adoption of ASC 842 on January 1, 2019, the facilities abandonment liabilities of $2.9 million were offset against our initial lease right-of-use assets on our Balance Sheet.
As of December 31, 2020, $0.9 million of the business restructuring and reorganization reserves were included in current liabilities.

X
- References No definition available. + Details
Name: | us-gaap_RestructuringAndRelatedActivitiesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -URI http://asc.fasb.org/topic&trid=2175745 + Details
Name: | us-gaap_RestructuringAndRelatedActivitiesDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration